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the looming cliff. president obama faces the first challenge after his re-election avoiding a fiscal crisis that could trigger a new recession. frustration builds in the northeast as thousands remain cold and in the dark after two powerful and damaging storms. >> this happened again so soon. feel very frustrating and anxious. >> members of the elite team six are reprimanded for allegedly revealing classified information. this is the "cbs morning news" for friday, of november 9th, 2012. good morning. good to be with you. i'm terrell brown.
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we begin in washington. there is a new sense of urgency to avert a looming fiscal crisis. it's the so-called fiscal cliff a combination of tax hikes and spending cuts scheduled to kick in next year. both democrats and republicans are talking compromise but we have heard this all before. and in the just released report from the nonpartisan congressional budget office predicts dire consequences unless it's resolved. tokyo's nikkei and hong kong hang seng were down 1% and wall street investors are selling. the dow jones industrials were down 434 points the last two days. today president obama in his first post-election comment will address the nation's fiscal problems. susan mcginnis is in washington with more on all of this. >> reporter: good morning. you know, not everyone believes that the consequences of going over this fiscal cliff are going to be so severe. people are talking about a global financial crisis, another u.s. credit downgrade.
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those who do say there absolutely has to be a compromise. shortly after the confetti fell on election night both sides claimed victory in their vision of how to deal with the economy. >> there was a message sent to us by the american people based on the campaign. people making all this money have to contribute a little bit more. >> the american people made clear there's still a mandate for raising tax rates. >> reporter: president obama won the election on the idea that the wealthiest americans should pay more in taxes. a new study said the president's plan would increase revenue and slow economic growth by a tenth of a percent. >> good afternoon, everyone. >> reporter: republicans point to a different study. >> the in accounting firm of ernst and young said going over the fiscal cliff and raising taxes on the wealthiest would cost jobs.
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>> reporter: how to avoid this fiscal cliff are expected to begin in ernest next week when congress returns to work. >> legislation is the art of compromise, consensus building. >> reporter: house speaker john boehner said republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased revenue comes from and what type of reform comes with it. >> reporter: vice president bid inis certain a solution can be found. >> we're not is going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: finding a solution in a lame duck congress could prove complicated. and that report from the congressional budget office also said if no agreement is reached the jobless rate would go up to 9.1% next year. >> susan mcginnis in washington on a friday morning. thank you so much. here in the northeast recovery from a pair of powerful storms is slow, painful and frustrating. this morning air travel in new york is expected to return to normal following wednesday's
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nor'easter. the storms complicated problems by superstorm sandy. thousands remain without power or heat and can't get fuel. it's so bad doctors without borders set up its ever u.s. clinic. >> reporter: utility crews are working around the clock to clean up after a nor'easter brought snow and took down trees in an area already weary from superstorm sandy. residents who have been dealing with cold and darkness since sandy struck more than a week ago said they are at their breaking point. >> this happened again so soon it's very frustrating. >> reporter: wednesday's storm interrupted the recovery process across new jersey and new york. but also caused hundreds of thousands of new outages. many had just gotten their power back only to see it knocked out again. >> all of a sudden poof. >> reporter: officials say it could have been worse. >> believe it or not the snow was helpful.
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because it wasn't rain. and so it helped on the flooding side. >> reporter: here in hard hit rockaway beach it's not snow but sand that's a big problem. trucks have been working all day to clear mountains of it from the streets. at saint rose in rockaway, this priest stayed behind for his parishioners when sandy hit. he says some church goers who lost everything plan to move away. >> we encourage them to come back. we don't give up. >> reporter: as the rebuilding continues the weather should be better with temperatures in the 60s by the beginning of next week. in an effort to deal with fuel shortages caused by hurricane sandy gas rationing begins this morning in new york city and some surrounding suburbs. new york governor andrew cuomo is calling for an investigation of the utility company that serves long island. more than to 30,000 customers
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there remain without power this morning. overseas syrian president bashir al assad denies the syrian army is killing syrian people. in an interview with russian tv assad said there's no problem between him and the syrian people. there is no civil war in syria. and the 19 month uprising is the problem of terrorism. he said he's not leaving, i will live and die in syria. an update on that young pakistani girl targeted by the taliban. the british hospital where malala yousufzai is recovering released this video of her. she was shot in the head by the taliban in october for speaking out against militants and call for education for women. secretary of state hillary clinton remembered slain u.s. ambassador to libya chris stevens. she gave an award to stevens sister yesterday. clinton called stevens a fallen
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hero. designee understood that we will never prevent every act of terrorism or achieve perfect security in this world. and that our diplomats cannot work in bunkers and do their job. that we inevitably must accept a level of risk to protect our country. >> stevens and three other americans were killed during the attack in benghazi. next week several congressional committees hold hearings on those attacks. coming up, an emotional tribute. a newly released video of president obama's heart felt speech to campaign staffers after the election. this is the "cbs morning news". super buys. e this is savings out of this world. this is sears. will: [ inner voice ] the only place i can afford. i'm so glad you're home. yeah. will: [ inner voice ] if i was smart enough to pounce on the daily double
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i got this great loft space. you guys -- i'm proud of all
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of you. [ applause ] >> an emotional president obama wiped away tears as he thanked his campaign staff and volunteers at his chicago headquarters wednesday one day after winning re-election. mr. obama also said their efforts show how they will do amazing things with their lives. america's most elite members are being reprimand. the military said members of navy s.e.a.l. team 6 released classified information while helping to make a video game. david martin reports. >> reporter: the seven members of s.e.a.l. team 6 are all still on active duty. one of them was on the raid which killed osama bin laden and made navy s.e.a.l. team 6 a household team. they worked on this video game," medal of honor war fighter."
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several others are under investigation. the game does not recreate the bin laden raid but it does portray realistic missions such as an attack on a pirate vessel. it was produced by electronic arts which boasted commandos active and retired made their games as accurate as possible. it's unclear what secrets s.e.a.l. team 6 gave away but they used classified material which had been given to them by the navy. they violated the unwritten code that s.e.a.l.s are silent warriors who shun the spotlight. in fact the s.e.a.l.s have been buried in an avalanche of publicity, some approved by the commander of the bin laden raid and now the head of this special operations command. for instance the movie "act of
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valor." >> there are s.e.a.l.s, eight of them active duty s.e.a.l.s one may be out now that participated in this. again it started off as a recruiting film. >> reporter: s.e.a.l. team 6 will be featured in two upcoming movies. one about the captain of a container ship captured by a pirate and the other about the bin laden raid. the s.e.a.l.s have gone hollywood but it could cost those who worked on the video game their careers. the seven has received letters of pry mand which will kill their chance for promotion. they had half their pay taken away for two months. david martin, cbs news, the pentagon. >> up next some of this morning's business headlines with ashley morrison. and with no luck throwing the ball, the rookie quarterback opens up the ground game. [ knock on door ]
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. here's a look at the weather in some cities around the country. mostly sunny in new york, 53 degrees. same deal in chicago 57 degrees. clouds and windy in dallas 72. and a chance of showers in l.a. 65 degrees. let's check your national forecast. much of the east and south will be mostly sunny and please. midwest sunny and dry with temperatures near 60. in the 70s across kansas and oklahoma. blizzard conditions though are expected for north dakota and montana. cbs moneywatch time now on a
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friday. a positive sign for the job market and amazon gets into the business of fine wine. ashley morrison here in new york with more. >> reporter: a weekly jobless claims climbed slightly suggesting a slight improvement. the number of first time filers fell by 8,000 last week to a seasonably adjusted 355,000. but it caused that the number may have been skewed by the hurricane. a soon to be released report says securities and exchange commission left some of its computers vulnerable to cyber attacks. the report said the s.e.c. failed to encrypt some of the computers that contain highly sensitive information for stock exchanges. there's no evidence that the information was compromised. samsung has taken a bite out of apple the world's largest mobile phone maker. it sold 18 million of its galaxy x 3 smart phones.
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that makes it one of the fastest selling smart phones in the world. apple sold 16 million smart phones but a research firm said apple sales remain strong. total sales of video games continue their steep decline. a research firm says video games, their software and accessories plunged 25% last month. the drop is the 11th consecutive month of falling sales. sales may rebound next month with new releases in time for the holiday shopping season. and cheers from amazon the world's largest online retailer is adding wine to its long list of merchandise. right now amazon provides links to outside wine vendors. it plans to sell 1,000 u.s. wines in 12 states. prices will range from $10 to $100. >> i spend the real deal when it
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comes like this. i'll bring the glasses you get the ice. >> let's party. >> not a good idea. in sports this morning the indianapolis colts travel south to visit the jaguars. andrew luck continues to impress. second quarter he can't find anyone to throw to so he takes to it the end zone himself. he scores again on a one yard plunge. indy wins ending their record to a 6-3. jag fans trying to make the best of a 1-8 season. in the nba the clippers playing in their first game of the season away from los angeles. l.a. in portland facing the blazers. pulled in 25 points including this three-pointer during a 22-2 run in the first half. portland can't overcome the early lead. the clips improve 4-2. l.a. bouncing the blazers 103-90. clutch shooting here. victor gentleman larson in
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minnesota, sinking the three quarter court shot. look at that. right at the buzzer. the hail mary three-pointer giving her squad a one-point victory. it doesn't get any better than that. that is how you win a basketball game. when we come back caught on tape a messy getaway for a utah man who tried to steal a plane right out of the airport. when it comes to getting my family to eat breakfast, i need all the help i can get. that's why i like nutella. mom, what's the capital of west virginia? charleston. nutella is a delicious hazelnut spread my whole family loves. mom, have you seen my -- backpack? nutella goes great on whole-wheat toast or whole-grain waffles. and its great taste comes from a unique combination of simple ingredients like hazelnuts, skim milk and a hint of cocoa. yeah, bye. have you seen my -- yes. and...thank you. [ male announcer ] nutella. breakfast never tasted this good. [ male announcer ] nutella. you won't run into deals this big just anywhere. roll into the sears veteran's day appliance event.
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here's a look at the weather in some cities around the country. in washington mostly sunny 56 degrees. atlanta sunny 66. partly sunny in st. louis 70 degrees denver partly sunny 67 and mostly cloudy in seattle 45 degrees. jared loughner will spend the rest of his life in prison without the possibility of parole. he was sentenced thursday for the tucson, arizona shooting
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that killed six and wounded 12 others including congresswoman gabrielle giffords. edward lawrence reports. >> reporter: 24-year-old jared loughner showed no emotion as his victims addressed him in court. former congresswoman gabrielle giffords stood tall. her husband said you may have put a bullet in her head but haven't put a dent in her spirit. after this moment we're doesn't thinking about you. loughner tried to assassinate giffords at a shopping plaza last year. he fired 31 shots in 30 seconds killing six people and wounding 12 others. patricia said giffords gave me courage to speak in court. >> she greeted me and said i needed to be strong. >> reporter: loughner chose not to koinlt court. his mother cried throughout the hearing when the judge handed down the sentence. loughner was diagnosed with schizophrenia and forcibly medicated so he could participate in his defense. many victims say the mental health system and people around
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loughner failed him. >> we need to be much more willing to intervene. >> reporter: retired colonel survived a shot to the head. he forgives loughner because of his illness. >> if he wasn't mentally disturbed why then there's no way i could forgive him. >> the judge recommended loughner serve his time in the missouri facility where he's been treated for more than a year and don't get help. edward lawrence for cbs news, tucson, arizona. we're getting our first look at the chaotic moments after a jetliner was stolen in utah. the pilot tried to steal a jet at an airport in saint george last july. the plane crashed into fences and even knocked down light bulbs before clipping the terminal. he then committed suicide. coming up after your local news on cbs this morning, we will talk about the lessons learned from hurricane sandy. i'm terrell brown, this is the
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good morning and welcome to 9news now, happily i tell you today is friday. >> whoo. >> it's also buddy check 9 day. the 9th of november. >> pink for buddy check 9 day. i'm mike hydeck, here's monika samtani. >> it's the pink team on their
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side. >> pink in here somewhere. >> i usually do wear pink. but today making a little exception for the johns hopkins children's hospital. they have these ties and this is their day to wear the ties. >> buy wear one of the ties and support johns hop kin cans. >> doesn't matter what color we're wearing. we've got your back. >> weather-wise a jacket this morning as long as we're talking wardrobe but a nice warmup today and especially this weekend. the day planner on this friday morning. temperature in town is 44. some spots in the 30s with 55 by noon. 60 this afternoon and northwest wind around 10 and a 5:00 temperature 57. we're showing the moon because sunset today 4:59 p.m. yes, we'll see a sunset at 5:00 until january 4th. there's the nor'easter by the way still a few showers in down east maine. otherwise we've cleared out
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nicely. we're in good shape here save a few clouds late tonight early on saturday. 44 annapolis and cambridge. it's 39 manassas and 36 in martinsburg and petersburg, west virginia in the upper 20s. we have a couple of spots like culpeper down to the freezing mark. but the air is dry. it's going to heat up rather quickly and i'm expecting highs holding maybe in the 50s by the bay. to around 60 here in washington. it's friday morning, 4:27. monika samtani steps in now with timesaver traffic. thank you so much howard. good morning everybody. it is friday. little pause there for a second. if you're planning to go around town it's friday morning light as well. southbound 270 looks great. down to the point where the lanes divide, you're absolutely fine. let's take a live look outside and show you that construction also is cleared up on the inner and outer loops of the beltway here at university boulevard. you're good to go. 66 looks good out of centreville to vienna and the beltway no problems here through tysons corner and
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annandale and springfield. another live look outside, this time on the inbound side of 66 at glebe road inside the beltway. nice and quiet to the roosevelt bridge. same story on 295 and 395 as well. i'll be back with more. back to you guys. president obama is scheduled the address the nation for the first time since the election. he's going to focus on the deficit and of course the impending fiscal cliff. >> it's a combination of spending cuts and tax raises at the same time. that's trying to make things palatable as far as the budget and head to a balanced budget. many economists predict the nation will enter another recession if we go over the cliff. susan mcginnis has more. >> reporter: shortly after the confetti fell on election night, both sides claimed victory in visions of dealing with their economy. >> there was a message sent to us by the american people based on the campaign. people making all this money have to contribute a little bit more. >> you know with us the
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american people also made clear there's no mandate for raising tax rates. >> reporter: president obama won re-election campaigning on the idea that the wealthiest americans should pay more in taxes. a new study from the congressional budget office says the president's plan would increase revenue and slow economic growth by a tenth of a percent. republicans point to a different study to prove their point. >> you know the independent accounting firm says going over part of the fiscal cliff and raising taxes on the top two rates would cost our economy more than 700,000 jobs. >> reporter: negotiations over how to avoid this fiscal cliff are expected to begin in earnest next week. when congress returns to work. both democrats and republicans say they're willing to pork together -- work together. >> legislation is the art of compromise. >> reporter: john boehner says republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased

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CBS Morning News
CBS November 9, 2012 4:00am-4:30am EST

News/Business. Betty Nguyen. News reports on current events. New. (HD) (CC) (Stereo)

TOPIC FREQUENCY Washington 5, Sandy 4, New York 4, U.s. 4, Obama 3, Susan Mcginnis 3, L.a. 3, Jared Loughner 2, Gabrielle Giffords 2, Terrell Brown 2, Ashley Morrison 2, Edward Lawrence 2, John Boehner 2, Sears 2, Taliban 2, Navy S.e.a.l. Team 2, Cbs News 2, Giffords 2, Monika Samtani 2, Superstorm Sandy 2
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Duration 00:30:00
Scanned in Annapolis, MD, USA
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